This is the question that one of my friends asked me so instead of answering it right away, from my 10+ experience, I decided to find some of the most popular strategies on forex forums and backtest them to see how profitable they are — because obviously, I haven’t tested most of those strategies so my answer may not be solid.
I created the same thread in another forex forum and asked people to suggest some popular strategies on that forum, however, since I’ve been a member for a long time there, I had some of them in my mind.
I didn’t know what the exact section is to open this thread here so I chose Trade Journals so let me know if there is a better place for this topic.
Anyway, I tested one popular strategy and I’ll show you the results in the next posts.
In the meantime, if you know a popular strategy on babypips, post it here so I’ll backtest it to see how it performs.
By the way, I’m talking about the strategies that haven’t been programmed and don’t have EAs. I’m talking about manual backtesting using some simulators made for this purpose such as fxblue free backtesting simulator, because I don’t think there’s any popular programmed strategis for free here, I’ll be happy to see one though.
Anyway, please suggest strategies that you know.